72 Fern Canyon Road, Carmel, California 93923, Carmel, 93923 - 9 bed, 12 bath
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Carmel, California 93923
Analysis of 72 Fern Canyon Road, Carmel, California 93923 is currently available with a list price of $13,750,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Carmel Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although originally built in 1921, this estate has been 'beautifully reimagined' with meticulous craftsmanship and high-end materials such as locally sourced jade, stone, and redwood. The property is in pristine condition, featuring a luxury kitchen, 12 updated bathrooms, and modern systems across the main residence and three guesthouses. With no deferred maintenance and premium amenities including a pool, hot tub, and tennis court, it meets the highest standards of quality and design.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 640767, living area = 12175.
Elementary School: Carmel River Elementary School (9/10). High School: Carmel High School (9/10).
Spanning 14 private acres in the prestigious Carmel Highlands, this estate offers a rare level of seclusion and scale that is nearly impossible to find in such a prime coastal location.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =640767, other record lot size in square feet = 6000.
The combination of a 1921-era foundation, massive square footage, and 14 acres of landscaped grounds and amenities will require significant and costly ongoing maintenance and staffing.
A recent $3.05 million price reduction from the original list price suggests a correction from an initially aggressive valuation, which may indicate a more complex exit strategy for such a niche asset.
Breathtaking views of the coastline stretching from Point Lobos to sunsets across the Pacific Ocean, this private 14-acre estate in Carmel Highlands has long served as a source of inspiration for Grammy-Award winning composer Alan Silvestri, whose work includes iconic scores for Back to the Future, Forrest Gump & The Avengers. The beautifully reimagined Craftsman-style main residence is distinguished by its architectural character and craftsmanship. Locally sourced jade, stone, & redwood are woven into the design creating a blend of elegance and authenticity. Enjoy the stunning ocean view setting with a swimming pool & hot tub, landscaped grounds & a private tennis court. Also featuring 3 guesthouses, each with its own story to tell, offering versatile spaces for family, guests or creative pursuits. Just a short drive from the charm of Carmel, this extraordinary property combines natural splendor with meticulous design, offering a rare opportunity to experience both inspiration & serenity.
No exterior & parking available.
Grades K-5 • 2.7 mi
Grades 6-8 • 3.4 mi
Grades 9-12 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 9.0 | 3.0 | 98% |
| Baths | 12.0 | 3.0 | 98% |
| Square foot | 12,175 | 2,327 | 98% |
| Lot Size | 640,767.625 | 10,840 | 94% |
| Price | $13.75M | $2.94M | 96% |
| Price per sq ft | $1.1K | $1.1K | 50% |
| Built year | 1921 | 1971 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 453 | 189 | 98% |
Mar 9, 2026
$13,750,000
Initial Listing
Jan 24, 2025
$16,800,000
Initial Listing